ES Journal Archive (2006 - 2008)

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Friday I posted what looked like a Head and SHoulders in the 240 minute chart,
here's the same chart, measured move complete as the recent swing low was 1440.75, right in the ball park of a 1440 measured move target.
 

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Quote from HolyGrail:

bulls are definitely losing some power here.

Wrong.

The Bulls have no power here. The market is just being taken back-up so a few of them can escape with their lives before it drops back down ... helluva way to trade'em, but to each his own.

Good trading,

JJ
 
Quote from saxon22:

I have claimed mountains faster then ES since 11:30. This is like trekking knee deep in the Amazon jungle.

Not if you're on the right side. Looks like 7+ handles (so far) if you were/are long since 11:30.

Quote from saxon22:

ES printing 1449.25 was not healthy... for me. :eek:

Edit: 1446.50 Now I am worried. :confused:

Oh sorry, I forgot, you ARE long. Nice trade management.

Here's to hoping, huffing, and puffing.
Osorico
 
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